Thursday, May 22, 2014 5:06:14 PM
Project Investment: $26,000,000
Employment: 276 over the next 5 years
Project Assistance
EDC staff aided in the delivery of state incentives. The State of Missouri has pledged apx. $3.9 million in Missouri Quality Jobs and recruitment assistance of new employees. In addition, APT was the recipient of a $7.7 million allocation of New Market Tax Credits.APT is a start-up operation, currently with 32 full time equivalent employees, with an average wage of approximately $60,000. APT projects increasing employment by 276 over the next five years with an average starting wage of $42,000. and an investment of $26,000,000.First year sales of the vehicles was apx. 30,000. Projected sales for 2013 is 100,000. Major retailers include Sears, Kmart and Costco.
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